Evergrande Property Liquidator Continues Talks, No Offer Received
Evergrande Property's liquidator said it continues discussions with several potential buyers after a previous bidder withdrew, and plans to invite due diligence. As of the announcement date, talks remain preliminary, the sale timetable is not final, and no offers or binding agreements have been received.
The liquidator of Evergrande Property said that after a previous potential buyer decided not to proceed with a potential transaction, it continues to discuss a potential transaction with several potential buyers, including parties newly added to the process and others who had previously participated. Next, the liquidator plans to invite potential buyers to conduct due diligence on the company.
As of the date of the announcement, discussions regarding the potential transaction remain at a preliminary stage. The proposed timetable for the sale process has not been finalized, and the liquidator has not received any offers in the restarted sale process, nor has it entered into any legally binding agreements regarding the potential transaction.
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